Equine (or Equestrian) Insurance in South Africa

Equine (or Equestrian) Insurance is a sensible investment for every horse owner, breeder or trainer


Equine/Equestrian Insurance - a sensible investment for every horse owner, breeder or trainer

Why Equine (or Equestrian) Insurance:

Like any asset, a horse needs to be looked after, which costs money. Whether your horse is used for weekend out-rides, or has a busy competitive schedule, Equine Insurance is a sensible investment for every horse owner, equine enthusiasts – whether from racehorses, top sport horse competitors (horse racing or show jumping), to those who just enjoy an occasional hack. Horse (Equine) Insurance, can protect yourself against the expense of illness, veterinary treatment or surgery (which can be very expensive), or, worse case scenario, even the death of your prized possession.

A horse is an interesting investment to insure as it is both a living animal and possession, so the policy you choose is often a combination of mortality, critical care, veterinary fee and liability insurance covers. It is common to start with a basic mortality policy, and then customise your insurance package to suit your and your horse's particular needs.

Mortality can include the following: The unfortunate case of death due to disease, accident or humane euthanasia (decided by a  Veterinarian surgeon). Some Insurers might require a declaration of health disclosing any preexisting conditions. 

Clients should consider products that meet their specific requirements – solutions that are relevant to their actual needs.

Niche Equine Insurance products would normally offer cover for Foals, Yearlings, Race horses, Mares, Stallions, Thoroughbreds, Studs and even syndicated horses.

This area of insurance is highly specialist or niche area, where all product options should be considered. These options may be confusing...

DIB Solutions (Pty) Ltd have partnered with reputable underwriters and various insurance companies in order to assist our clients with appropriate Insurance cover – we can therefore also assist clients with tailor-made products (where applicable) at competitive premiums. We provide a professional and personal service, as well as build long-term relationships with our clients. Discuss your specific requirements with one of our experts.

Equine Insurance: Target Market:

  • Individual Horse Owners;
  • Riding Schools & Liveries;
  • Stud Farms;
  • Equine Theraphy Centres;
  • Horse Breeders and Trainers;
  • Equestrian Estates.

Optional extensions to consider:

  • Loss of use extension;
  • International flight and quarantine cover;
  • Import Test extension;
  • Cover for semen, embryo’s and containers;
  • Cover for Horse Metritis, which is extremely contagious;
  • Cover for death of prospective foal extension;
  • Foals covered from 24 hours;
  • Stallion infertility extension.
Extensions may protect you against loss of your horse due to riots, strikes, terrorism, civil commotion, public disorder and labour disturbance.

Also note tips and considerations applicable to Equine Insurance:

  • Age limitations: This may vary pending the products, but normally from as young as 1 day up to 12 years (a licensed Veterinarian report may be required to report health).
  • Cover for horses in transit, or your horse boxes in particular (theft, fire, third party claims, or certain damage to your horse box), should also be considered.
  • Exclusions may apply, eg: Polo, polo cross, breeding and endurance.
  • Identification of the insured horse might be required: Passport, microchip, identification by a Veterinary surgeon or a colour photograph of the horse (the latter might be acceptable).
  • If the horse is syndicated, some products would allow for shares to be insured separately.
  • Some Insurers may offer the following: Insurance cover for horses in quarantine overseas, awaiting import into South Africa; South African horses competing overseas in various prestigious events; Insurance for many of our top riders in South Africa, as well as most of the major competitive yards across the country. Discuss your needs with your Broker.
  • The insured amount or determination of the value of the horse, may vary pending the product. Make sure you view and consider all of these options.
  • Upon taking insurance on a horse, always report previous health conditions, as a Veterinarian evaluation and report may be required to confirm full recovery prior to policy acceptance.

Please contact us today for fast, friendly, professional advice and service!

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